Overview
- Insee reported a 0.1‑point quarterly rise and a 0.3‑point increase year over year, with 2.4 million people unemployed under the ILO definition, up by 44,000.
- The statistics office revised the second quarter to 7.6%, underscoring a 0.6‑point climb over two and a half years after a long decline.
- Youth unemployment fell to 18.8% in the quarter (down 0.2 point and 0.8 on the year), while the rate for people 50 and older rose to 5.1% (up 0.3 on the quarter and 0.4 on the year).
- OFCE economist Eric Heyer says the apparent improvement for the young may reflect exits from the labor force as youth employment slipped and some apprentices lost contracts.
- Recent releases show consecutive declines in salaried jobs and reduced apprenticeship support, and Insee notes France Travail registration changes that complicate comparisons with administrative counts.